- August 9th, 2019
UK GAS-Prices mixed as gas-for-power demand is set to rise
British wholesale gas prices were mixed on Friday as oversupply depressed within-day prices but an a drop in wind power boosted demand for Monday. ›
British wholesale gas prices were mixed on Friday as oversupply depressed within-day prices but an a drop in wind power boosted demand for Monday. ›
Oil prices inched higher on Friday as expectations of more OPEC production cuts provided some support, although concerns over the long-running U.S.-China trade dispute kept a lid on gains. ›
British wholesale gas prices fell on Thursday as sharply higher wind power generation weighed on gas-for-power demand in a market that was already expected to be slightly oversupplied. ›
Oil futures jumped more than $1 a barrel on Thursday, recovering half of the nearly 5% losses in the previous session, on expectations that lower prices may lead to production cuts. ›
British wholesale gas prices rose on Wednesday, partly correcting the previous day’s losses, as exports through the InterconnectorUK to Europe increased. ›
Oil prices slipped further on Wednesday, extending recent heavy losses as deepening Sino-U.S. trade tensions weighed on the outlook for the global economy and energy demand. ›
British wholesale natural gas prices fell on Tuesday as weak demand and a slight increase in production led to an oversupplied market with storage unable to take much more gas. ›
Oil prices rose 1% on Tuesday as traders betting on falling prices bought back contracts to lock in profits after declines over the last three sessions due to escalating trade tensions between China and the United States. ›
German prompt electricity prices dropped on Monday on forecasts of resuming wind power supply, while in France they rose on higher demand forecasts but were still at a discount to Germany. ›
British wholesale natural gas prices fell on Monday as some domestic fields started to ramp up after maintenance. ›